The Latest FinCrime NEws about Gambling
Police Chief Warns Brazil’s Lawmakers About Influencers Promoting Illegal Gambling Schemes
The rise of illegal gambling in Brazil has been fueled by influencers promoting fraudulent betting platforms, bypassing regulations and targeting v...
MGM Resorts Hit With $8.5 Million Fine in Major Money Laundering Case
MGM Resorts faces an $8.5 million fine for failing to prevent illegal bookmaking activities and money laundering at its Las Vegas casinos.
UKGC Highlights AI and Crash Games Risks in Updated AML Guidance
The UKGC's updated AML guidance highlights AI and crash games as emerging risks in the gambling sector, urging operators to adjust their due dilige...
Tightened Casino AML Compliance for Cryptocurrency Transactions in 2025
A look at tightened casino AML compliance requirements for cryptocurrency transactions in 2025, focusing on regulations and blockchain analytics.
UKGC Slaps £375,000 Fine on Football Pools Limited for AML and Social Responsibility Failures
Football Pools Limited faces a £375,000 fine after the UKGC uncovered serious AML and social responsibility failures between September 2022 and Aug...
Resorts World Las Vegas Faces $10.5M Fine for Major AML Failures
Resorts World Las Vegas agrees to a $10.5M fine for AML violations linked to illegal bookmakers, making it one of the largest penalties in Nevada's...
UKGC Imposes £686,070 Fine on Corbett Bookmakers for AML and RG Failures
Corbett Bookmakers faces a £686,070 fine from the UKGC for serious anti-money laundering and social responsibility failures.
AUSTRAC CEO Focuses on Gambling Industry Compliance: Action Promised
AUSTRAC's focus on gambling industry compliance strengthens, promising swift action against non-compliant operators.
Star Entertainment’s Struggle with Money Laundering Claims and Financial Crisis
Star Entertainment's struggle with money laundering allegations has led to a severe financial crisis, prompting potential bailout offers from U.S. ...
Entain’s Legal Struggles: Overcoming the Shadows of the Turkish Bribery Case
Entain faces ongoing legal challenges linked to the Turkish bribery case, impacting its recovery and future prospects.
Aspire Global to Pay £1.4M in UKGC Settlement for Serious Compliance Failures
Aspire Global faces a £1.4 million penalty after failing in social responsibility and anti-money laundering compliance, marking its second regulato...
Bill 55: A Shield for iGaming or a Threat to Malta’s Future?
Malta’s Bill 55 shields iGaming firms from foreign rulings, sparking EU concerns. Critics warn of regulatory risks, potential FATF grey-listing, an...
Brazil’s Betting Industry Faces Tight Deadline for Anti-Money Laundering Policies
Brazil betting regulations tighten as SPA mandates operators to submit AML/CFT policies by March 17, ensuring compliance and enhancing financial tr...
Video Game Money Laundering Should Not Be Underestimated
Money laundering in video games is on the rise, exploiting microtransactions and in-game assets for illicit financial activities.
Entain Executives Resign Amid Money Laundering Scandal
Entain faces executive resignations as it battles a major money laundering case, raising regulatory and compliance concerns in the gambling industry.
The UK Gambling Commission Sounds Alarm on AI and Crypto Threats to AML Compliance
The UK Gambling Commission warns about AI-generated fake IDs and cryptocurrency risks in AML compliance, urging operators to enhance customer due d...
The Dark Side of Online Betting: Halil Falyali’s Alleged Money Laundering Empire
Halil Falyali’s alleged online betting empire laundered billions through cryptocurrencies, offshore accounts, and real estate investments, evading ...
Spain’s AML Reforms: Strengthening Gambling Regulations to Combat Financial Crime
Spain’s latest AML meeting brought regulators and operators together to discuss financial crime prevention and strengthen compliance in the online ...
Stake.com, a Multi-Billion Dollar Gambling Empire
Stake, a major online casino and sports betting platform, operates under lax regulations in Curaçao. Founded in 2017, it has grown rapidly despite ...
The Rise of Using Cryptocurrencies for Online Betting and Its Role in Money Laundering
Using cryptocurrencies for online betting is increasingly exploited for money laundering, taking advantage of anonymity and weak regulations. AML r...
